Valero Energy (VLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In the most recent trading session, Valero Energy (VLO) closed at $134.69, indicating a -1.66% shift from the previous trading day.
In the closing of the recent trading day, Valero Energy (VLO) stood at $137.06, denoting a -2.86% move from the preceding trading day.
Refining margins have improved in the second quarter following the closure of three refineries and unexpected downtime at several domestic refineries. VLO is positioned to maintain its industry leading cost per barrel metric despite an elevated maintenance schedule in Q2. Closure of the Benicia refinery is projected to only increase the company's lead over the industry.
In the closing of the recent trading day, Valero Energy (VLO) stood at $134.06, denoting a +1.61% move from the preceding trading day.
Valero Energy (VLO) closed at $128.97 in the latest trading session, marking a -0.15% move from the prior day.
VLO's steady payouts, $4.6 billion cash, and low debt support it amid weak margins and crude price volatility.
Valero Energy has underperformed due to a challenging refining environment, but signs indicate Q1 may represent a bottom, making it a good time to revisit the stock. The company is shutting down its Benicia refinery, impacting the California market, yet maintains a strong balance sheet and continues to return capital to investors. Despite a tough Q1, Valero generated $200 million in adjusted free cash flow, with expectations for improved margins and higher free cash flow in Q2-Q3.
Valero Energy (VLO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Valero Energy Corporation (NYSE:VLO ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Homer Bhullar - VP, IR & Finance Lane Riggs - CEO, President & Chairman Eric Fisher - SVP, Product Supply, Trading & Wholesale Jason Fraser - EVP & CFO Richard Walsh - EVP & General Counsel Conference Call Participants Manav Gupta - UBS Roger Read - Wells Fargo Ryan Todd - Piper Sandler & Co. Theresa Chen - Barclays Neil Mehta - Goldman Sachs John Royall - JPMorgan Doug Leggate - Wolfe Research Paul Cheng - Scotiabank Joe Laetsch - Morgan Stanley Jason Gabelman - Cowen Jean Salisbury - Bank of America Merrill Lynch Matthew Blair - Tudor Pickering Holt & Company Operator Greetings, and welcome to the Valero Energy Corp. First Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
VLO's first-quarter earnings and revenues decline year over year, primarily due to lower refining margins per barrel of throughput and asset impairments.
The headline numbers for Valero Energy (VLO) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.